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New Goshen, IN vs West Point, IN

79
New Goshen
Indiana
VS
-5.7%
84
West Point
Indiana

New Goshen is moderately more affordable than West Point, with a 5.7% lower cost of living index. New Goshen scores 79 compared to 84 for West Point, where the US average is 100. This difference means residents of West Point can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in New Goshen are $96,100 compared to $140,700 in West Point, a 32% gap.

Median household income in New Goshen is $81,528 compared to $122,689 in West Point (-33.5%). While West Point is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
New Goshen
79
6% cheaper
West Point
84
Median Household Income
New Goshen
$81,528
West Point
$122,689
34% higher

Housing

Median Rent
New Goshen
West Point
Median Home Value
New Goshen
$96,100
32% cheaper
West Point
$140,700
Population
New Goshen
649
West Point
231

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
New Goshen $2.91
West Point $2.91
US $3.07
🥚
Eggs (grade A, large)
New Goshen $2.37
West Point $2.37
US $2.50
🥛
Milk (whole)
New Goshen $3.82
West Point $3.82
US $4.03
🍞
Bread (white)
New Goshen $1.75
West Point $1.75
US $1.85
🍗
Chicken breast
New Goshen $3.93
West Point $3.93
US $4.14
Electricity
New Goshen $0.16
West Point $0.16
US $0.19